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MM2 Asia *Official* (SGX: 1B0) - Part 5

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Old 07-02-2018, 11:16 PM   #196
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tml can open 55 mah?
cannot
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Old 07-02-2018, 11:31 PM   #197
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cannot
chopping your ghostly kukubird now!!
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Old 08-02-2018, 07:42 AM   #198
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tml can open 55 mah?
buy on rumours sell on news.
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Old 08-02-2018, 07:58 AM   #199
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chopping your ghostly kukubird now!!
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Old 08-02-2018, 09:03 AM   #200
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oh...good results moved the price this time round?
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Old 08-02-2018, 09:29 AM   #201
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Wah, results quite good. Cathay really help a lot.
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Old 08-02-2018, 09:57 AM   #202
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This Marvin really quite an expert in fund raising. Think he got good advisors from Hong Leong.

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Old 08-02-2018, 10:05 AM   #203
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Wah, results quite good. Cathay really help a lot.
the golden million $$$ question : "got buy anot" ?

DYODD.
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Old 08-02-2018, 01:00 PM   #204
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buy on rumours sell on news.
today boh sell on news leh like before
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Old 08-02-2018, 04:10 PM   #205
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mm2 Asia kept on 'buy' with strong earnings growth expected to continue - 75ct


SINGAPORE (Feb 8): DBS Group Research is keeping its “buy” call on mm2 Asia with a marginally higher target price of 75 cents, from 73 cents previously.

This comes after the film producer and distributor saw its earnings surge 52% to $6.4 million for the 3Q ended December.

3Q18 revenue nearly trebled to $52.4 million on the back of newly-acquired cinemas in Malaysia and Singapore.

“We continue to expect strong earnings CAGR of 28% for FY17-20F, underpinned by growth in productions, expansion into the China market, and contribution from UnUsUaL,” says analyst Ling Lee Keng in a Thursday report.

“The cinema arm, on the other hand, helps the group build a recurring income base. Having a strong presence in the entire value chain of content creation and distribution further cements mm2's status as the leader in the media/entertainment industry,” Ling adds.

While the recent cinema acquisitions boosted mm2’s 3Q revenue, Ling notes that it dragged down margins.

“3Q18 net margin eased to 12.3%, from 14.6% in 2Q18 and 23.3% in 3Q17, partly due to the increasing contribution from the cinema arm, which has lower margins,” Ling says. “We have lowered FY18F to FY19F earnings by 9-11%, after accounting for slightly lower revenue from the cinema segment and higher interest costs.”

Looking forward, Ling believes that mm2 could receive a boost from its expansion into North Asia, including China, Hong Kong, and Taiwan.

“Productions in these markets are expected to continue to form a bigger part of its revenue into FY2019,” says Ling. “We expect North Asia to contribute about 70% of production revenue from FY18F, up from 36% in FY16 and 56% in FY17.”

As at 3.26pm, shares of mm2 Asia are trading half a cent higher at 50 cents, implying an estimated price-to-earnings ratio of 22.7 times for FY18.
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Old 08-02-2018, 07:45 PM   #206
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mm2 Asia kept on 'buy' with strong earnings growth expected to continue - 75ct


SINGAPORE (Feb 8): DBS Group Research is keeping its “buy” call on mm2 Asia with a marginally higher target price of 75 cents, from 73 cents previously.

This comes after the film producer and distributor saw its earnings surge 52% to $6.4 million for the 3Q ended December.

3Q18 revenue nearly trebled to $52.4 million on the back of newly-acquired cinemas in Malaysia and Singapore.

“We continue to expect strong earnings CAGR of 28% for FY17-20F, underpinned by growth in productions, expansion into the China market, and contribution from UnUsUaL,” says analyst Ling Lee Keng in a Thursday report.

“The cinema arm, on the other hand, helps the group build a recurring income base. Having a strong presence in the entire value chain of content creation and distribution further cements mm2's status as the leader in the media/entertainment industry,” Ling adds.

While the recent cinema acquisitions boosted mm2’s 3Q revenue, Ling notes that it dragged down margins.

“3Q18 net margin eased to 12.3%, from 14.6% in 2Q18 and 23.3% in 3Q17, partly due to the increasing contribution from the cinema arm, which has lower margins,” Ling says. “We have lowered FY18F to FY19F earnings by 9-11%, after accounting for slightly lower revenue from the cinema segment and higher interest costs.”

Looking forward, Ling believes that mm2 could receive a boost from its expansion into North Asia, including China, Hong Kong, and Taiwan.

“Productions in these markets are expected to continue to form a bigger part of its revenue into FY2019,” says Ling. “We expect North Asia to contribute about 70% of production revenue from FY18F, up from 36% in FY16 and 56% in FY17.”

As at 3.26pm, shares of mm2 Asia are trading half a cent higher at 50 cents, implying an estimated price-to-earnings ratio of 22.7 times for FY18.
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Old 09-02-2018, 09:14 AM   #207
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good morning HUAT AH HUAT AH!!
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Old 09-02-2018, 06:12 PM   #208
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Old 09-02-2018, 08:01 PM   #209
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Finally mei mei gave me tickets to movie
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Old 09-02-2018, 08:32 PM   #210
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going to csi shu shu on tuesday

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